LendInvest repositions BTL suite with rates starting from 2.85%
LendInvest, the UK’s leading asset manager for property finance, has announced a range of key changes to its buy-to-let suite, including significant rate reductions across standard properties and HMOs.
LendInvest has repriced its standard buy-to-let products, with its two year 65% LTV product now available at 2.85%, and its five year 65% LTV product at 3.04%.
The lender’s five year 75% LTV product has been reduced to 3.20% for standard properties.
For small HMO’s, the two year product is now available at 3.04%, and the five year product at 3.34%. LendInvest has also introduced a 75% two year LTV product at 3.69%, and five year at 3.95% for large HMOs and MUFBs.
Borrowers are eligible for a reduced £150 valuation fee on standard properties.
Andy Virgo, sales director at LendInvest, said: “We’ve had a hugely productive summer at LendInvest. The opportunity to bring this newly priced range of products to our broker partners attention is welcomed and should be seen as a sign of our commitment to help landlords access not only great service and processes but compelling rates too.”
